£179,699
This estimated value is based upon the latest sale price for the house of £155,000 on 18 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £155,000 | 18 Nov 2020 |
| £143,000 | 7 May 2010 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £155,000 results in an estimated price of approximately £179,699.
| 18 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £155,000 | £24,699 | £179,699 |
The Postcode Pricing Model uses changes in average sales price within the WN6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 29.606 % | £45,889 | £200,889 |
| 3 Month Average | 29.618 % | £45,908 | £200,908 |
| 6 Month Average | 15.303 % | £23,718 | £178,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £177,267 | £175,000 | 208 BEECH HILL AVENUE |
| 7 Jul 2023 | £152,046 | £150,000 | 199 BEECH HILL AVENUE |
| 14 Apr 2023 | £283,048 | £280,000 | 198 BEECH HILL AVENUE |
| 12 Apr 2023 | £197,122 | £195,000 | 395 GIDLOW LANE |
| 17 Mar 2023 | £164,550 | £163,000 | 210 BEECH HILL AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Jul 2020. Using an estimated price of £179,700 means this house is valued at £2,114 per sq meter (£196 per sq foot).
The average size of a house on GIDLOW LANE is 103 sq meters (1,110 sq feet).